CareTrack Health, a patient adherence system, received $2.5 million in funding from Hybrid Capital Partners. CareTrack said it will use the investment to broaden its reach to help primary care practices prevent hospitalizations, close patient adherence gaps, improve quality measures and drive more proactive health screenings and services adoption.
This funding followed 24% growth year-over-year and established a new office building nearly 10 times the original office size in Carrollton, GA. The company has already started its employee hiring initiative to support newly acquired customers ranging from large medical practices serving Medicare patients to assisting patients in nationally reaching, proactive health improvement programs. Read more.
